General World News

Liberty Reverse parent receives shareholder approval for rebranding

Ocwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary Liberty Reverse Mortgage, announced on Tuesday that its shareholders have approved the company’s planned rebranding initiative to Onity Group.

The initial phase of the rebranding will first go into effect for the parent company on June 10 and will roll out to other subsidiaries — including Liberty — by this fall.

“We are very pleased that our shareholders have approved our name change to Onity Group,” Glen Messina, CEO of details ⇒

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